President Joe Biden’s decision to thwart a Japanese firm from buying U.S. Steel doesn’t pen an obituary for the ...
Lattanzi is a former steel mill worker himself in West Mifflin and ... discounted Nippon's promises of keeping the headquarters in Pittsburgh and that billion-dollar investment, Pennsylvania ...
Turning away the $15 billion deal, and nearly $3 billion in promised investments in American blast-furnace steel production, will ensure the final, and likely rapid, demise of Pittsburgh’s ...
Pittsburgh’s relationship with decline is complicated. The city lost half its population after the steel industry collapsed in the 1970s and 1980s, yet has clung to relevance as a mini-hub for ...
U.S. Steel CEO David Burritt took another run at persuading Donald Trump to change his mind and let the iconic Pittsburgh ...
In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned ...
A hot rolling mill at Nippon Steel’s Kashima Plant in Kashima, Japan on Friday, Dec. 6, 2024. (AP Photo/Ayaka McGill) The ...
Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed ...
U.S. Steel and Nippon Steel filed lawsuits on Monday over President Joe Biden's decision to stop the Japanese company's proposed nearly $15 billion takeover of its Pittsburgh-based rival.
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...
"We want to emphasize that these benefits extend beyond the steel mill gates," according to the letter, which was obtained by the Pittsburgh Business Times. "Our schools, roads, police, fire ...